ETF comparison
GUNR vs VAW
Both Materials.
Northern Trust Morningstar Global Upstream Natural Resources ETF · Vanguard Materials Index Fund ETF Shares
Holdings overlap
8 positions appear in both funds. Buying equal dollars of GUNR and VAW would leave roughly 9.2% of each dollar exposed to the same underlying securities.
Unmatched is the part of a fund's weight the other fund doesn't match: names only it holds, plus any extra weight it puts in names both funds hold.
Side by side
Sub-score comparison
Tracking quality isn't part of the composite — see what we don't score for why.
Cost difference
VAW is 37 bps cheaper than GUNR. On a $100,000 position that's about $370/yr more in fees for GUNR.
Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with GUNR vs VAW.
Top shared holdings
8 shared in total| # | Holding | In GUNR | In VAW | Overlap |
|---|---|---|---|---|
| 1 | Corteva, Inc. | 4.93% | 3.40% | 3.40% |
| 2 | Newmont Corp. | 1.85% | 7.69% | 1.85% |
| 3 | Freeport-McMoRan, Inc. | 1.55% | 6.06% | 1.55% |
| 4 | CF Industries Holdings, Inc. | 1.77% | 1.12% | 1.12% |
| 5 | Mosaic Co. (The) | 0.68% | 0.49% | 0.49% |
| 6 | Royal Gold, Inc. | 0.30% | 1.22% | 0.30% |
| 7 | Coeur Mining, Inc. | 0.30% | 1.28% | 0.30% |
| 8 | Alcoa Corp. | 0.20% | 1.29% | 0.20% |
Only in GUNR
131 total- ExxonMobil Holdings Corp. 5.08%
- BHP Group Ltd. 4.61%
- Nutrien Ltd. 4.32%
- Shell plc 3.76%
- Chevron Corp. 3.72%
- Archer-Daniels-Midland Co. 3.23%
- TotalEnergies SE 2.78%
- Rio Tinto plc 2.26%
- Agnico Eagle Mines Ltd. 1.71%
- BP plc 1.68%
Only in VAW
102 total- Linde PLC 14.92%
- CRH PLC 4.68%
- Sherwin-Williams Co/The 4.59%
- Ecolab Inc 4.19%
- Air Products and Chemicals Inc 3.81%
- Nucor Corp 3.67%
- Vulcan Materials Co 2.40%
- Steel Dynamics Inc 2.32%
- Martin Marietta Materials Inc 2.25%
- Amrize Ltd 1.74%
Related comparisons
More comparisons with GUNR
- GUNR vs XME · State Street SPDR S&P Metals & Mining ETF 4.2%
- GUNR vs URA · Global X Uranium ETF 2.9%
- GUNR vs URNM · Sprott Uranium Miners ETF 0.8%
- GUNR vs GDXJ · VanEck Junior Gold Miners ETF 0.6%
- GUNR vs VGT · Vanguard Information Technology Index Fund ETF Shares 0.0%
- GUNR vs XLK · State Street Technology Select Sector SPDR ETF 0.0%
More comparisons with VAW
- VAW vs COPX · Global X Copper Miners ETF 4.8%
- VAW vs GDXJ · VanEck Junior Gold Miners ETF 2.3%
- VAW vs URA · Global X Uranium ETF 0.0%
- VAW vs URNM · Sprott Uranium Miners ETF 0.0%
- VAW vs VGT · Vanguard Information Technology Index Fund ETF Shares 0.0%
- VAW vs XLK · State Street Technology Select Sector SPDR ETF 0.0%
Percentages are holdings overlap with the named fund.
Open GUNR or VAW at a brokerage
Both funds trade commission-free at major US brokerages.
Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.
Holdings overlap is the sum of min(weight_a, weight_b) over positions
matched on ISIN (CUSIP fallback). Methodology: see
/methodology/.
Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.